In this pair, the price is stuck inside a descending channel between 1.3180 to 1.2936. Bias remains bearish as long as the market is trading in a descending channel.
Technical indicators are bearish for this pair, as price is trading below Ichimoko bottom and RSI is pointing towards lower side at 27.
Major resistance can be seen at the at 1.3098. A sustained...
GBP/USD has been in upward direction in the past few days but it eased modestly in the US session to trade below 1.1300 levels. However the upward trend and momentum are still intact and it is set to move to higher levels in the coming days.
Technical indicators are bullish for this pair, RSI is pointing towards higher side at 62.
Major resistance is expected...
GBP/USD has been in upward direction in the past few days but it eased modestly in the US session to trade below 1.1300 levels. However the upward trend and momentum are still intact and it is set to move to higher levels in the coming days.
Technical indicators are bullish for this pair, RSI is pointing towards higher side at 62.
Major resistance is expected...
